
The investment volume in early 2025 could reach €900 million; already half of 2024's total of €1.8 billion
According to Savills Investment Research, the commercial property market in the Czech Republic is expected to have a strong start in 2025, with investment volumes projected to reach approximately €900 million in...
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C.S.CARGO strengthens its logistics network in Northern Bohemia
C.S.CARGO, a leading Central European logistics company, which has been providing comprehensive logistics services across Central and Eastern Europe for nearly 30 years, is expanding its operations by establishing new industrial premises...
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Renegotiations account for nearly 40% of industrial space leases
According to Savills’ analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q3 2024
New premises delivered to the market during the first three quarters of the year totalled 497,600 sq m, a 28% y-o-y decrease. Total existing rentable and rented stock reached 12.66 million sq...
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Prague is the only city in Europe where the costs associated with operating industrial halls are decreasing
According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8%. In contrast, these...
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The Czech Republic is the top destination for industrial tenants expansion in CEE
According to the Savills European Real Estate Logistics Census, the Czech Republic is becoming a key destination for industrial tenants’ expansion within Central and Eastern Europe. The results show that 44% of companies...
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City heatwave phenomenon challenges property owners
Extreme heat, droughts, and floods are becoming more frequent, and the ability of cities to prepare for these climate changes is playing an important role. In terms of heat, the top three...
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Czech Republic ranks among top nearshoring locations
According to the 2024 Savills Nearshoring Index study, the Czech Republic is the second most attractive location for industrial occupiers looking for ‘nearshore’ supply chains. Portugal ranks first, Poland in third place,...
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Savills relocates HQ in Prague
Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q2 2024
In the first half of the year, the total modern industrial stock in the Czech Republic increased by 332,700 sq m, which is 13% less than the new supply recorded in H1...
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AI requires larger data centers
According to analysis by Savills and the Statista project (statista.com), the European artificial intelligence market will reach 76.5 billion euros this year, up 25.9% from 2023. By 2030, it is expected that...
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SURVEY: How nearshoring manifests itself in the Czech Republic
In Systems of Logistics 211/2024, they deal with the topic of nearshoring. How does nearshoring manifest itself in the field of logistics and supply chain directly in the Czech Republic? They asked...
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The construction of the new Panattoni Park in Karlovy Vary has begun.
The industrial developer Panattoni and the chemical company WACKER have started the construction of the new Panattoni Park Karlovy Vary industrial complex. Construction of a new park with a built-up area of...
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THE SAVILLS BLOG: ESG is key when it comes to industrial occupiers’ pursuit of Grade A+ space
Real estate, and in this instance industrial & logistics, operates within a dynamic environment where demands from both occupiers and investors are continuously shifting. Whether to align with market trends, legislation, planning requirements...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q1 2024
Czech industrial market has experienced a slowdown, with subdued take-up levels and below-average new supply. Developers delivered 155,500 sq m of new space in Q1 2024, increasing the total existing A-class stock...
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No deal goes through without thorough TDD
Upvest has recently closed an investment in the form of participation in a mezzanine loan for the Opatov Office Park in the Czech Republic, where Savills’ technical assessment has played a crucial...
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Last year, the industrial developer CTP increased rental revenue in the Czech Republic, but net profit fell
Last year, the net profit of the industrial and logistics real estate developer CTP in the Czech Republic fell by 16 percent to approximately 12.3 billion crowns (483.8 million euros). On the...
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The Polish developer 7R is entering the Czech market, it will build a hall at D1 for 750 million crowns
Polish developer 7R is entering the Czech industrial real estate market. A storage hall will be built near the D1 highway in Vysočina for 750 million crowns. In a press release, the...
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P3 will offer an atypical hall
P3 will offer an atypical hall. As the owner and manager of industrial real estate, P3 Logistic Parks will offer the market next year an atypical hall that can accommodate an entire...
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The volume of investments in real estate was expected to increase significantly this year, the study shows
The volume of investments in real estate in the Czech Republic should increase by up to 22 percent this year and amount to 38 billion crowns (1.5 billion euros). In the first...
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The battle for topsoil is headed for a compromise. A ban on construction would reduce the competitiveness of the Czech...
In the increasingly fierce competition with Poland, Slovakia or Hungary for the construction of industrial sites, including those of the strategic gigafactory type, the Czech Republic can shoot itself in the foot....
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The first phase of the revitalization of the old DMC ValMez complex has ended. Demaco will invest in further development...
In July 2022, the development company Demaco became the owner of the industrial area with an area of 13 hectares, which until then was owned by the production company Schott. It has...
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In Slovakia, they put into operation the largest smart battery storage replacing fossil resources
In the industrial park in Banská Bystrica, the largest smart battery storage in Slovakia with an output of 2.7 megawatts was successfully put into operation. The brAIn repository, which was implemented by...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q4 2023
After a 12% growth in 2022, the total industrial stock in the Czech market grew by 8% this year and at the end of 2023 totalling 12.1 million sq m. The countrywide...
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